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OpenAI CEO Sam Altman is still chasing billions to build AI chips

Image: OpenAI

A new report from Bloomberg says that once-again CEO of OpenAI Sam Altman’s efforts to raise billions for an AI chip venture are aimed at using that cash to develop a “network of factories” for fabrication that would stretch around the globe and involve working with unnamed “top chip manufacturers.”

A major cost and limitation for running AI models is having enough chips to handle the computations behind bots like ChatGPT or DALL-E that answer prompts and generate images. Nvidia’s value rose above $1 trillion for the first time last year, partly due to a virtual monopoly it has as GPT-4, Gemini, Llama 2, and other models depend heavily on its popular H100 GPUs.

Accordingly, the race to manufacture more high-powered chips to run complex…

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